Illinois Home Foreclosure Activity Rose 32.6% In 2012CHICAGO (AP) - Illinois home foreclosure activity rose 32.6 percent in 2012 compared to the previous year. But it was almost 10 percent lower than in 2010.
A report released Thursday by Irvine, Calif.-based RealtyTrac shows Illinois with 136,603 foreclosure filings last year. That represents a rate of one in every 39 housing units, or 2.58 percent of all homes. It's the fifth-highest rate in the nation. Filings include default notices, auction-sale notices and bank repossessions.
Florida had the nation's highest foreclosure rate - one in every 32 housing units. Other states with foreclosure rates worse than Illinois were Nevada, Arizona and Georgia. Nationally, last year's foreclosure activity fell almost 3 percent from 2011. That was 36 percent lower than in 2010.
See other LocalNews news:Judge Rules Chicago Man Can Stand Trial for SIU Threats
Bill Would Allow Illinois Students to Opt Out of State Tests
Medicaid Hit With $106 Million Cut From Illinois Budget Deal
Mt. Vernon and Nashville Men Among Those Hurt in Perry County Wreck
Evers Field and Trout Arena Selected For Centralia High Sports Facilities